Australian small businesses losing $5.8 billion each year
Insufficient cash flow means lost opportunities Australian small businesses have lost opportunities worth an estimated $5.8 billion due to insufficient cash flow1 Nearly half (46 per cent) of...
View ArticleAdmin ‘killing the dream’ of Australian Small Businesses
Research reveals financial and emotional burden of administration on small businesses ahead of new Single Touch Payroll reporting regulation Australian small businesses estimated to collectively spend...
View ArticleA guide to managing expenses for small businesses
Managing expenses is a common headache for managers and finance teams, who often need to sort through hundreds of receipts, invoices, pay cheques, and reimbursement claims daily. Digitalisation has...
View ArticleXero’s Small Business Insights shares key small business findings
The accounting app Xero share their Small Business Insights with us to shed light on what small businesses should be aware of, which is now made especially relevant with the federal budget announcement...
View ArticleATO encourages small business owners to prepare for Single Touch Payroll
The Australian Taxation Office is encouraging small business owners to take some simple steps as they transition to Single Touch Payroll reporting (STP). Single Touch Payroll is a new way for business...
View ArticlePayroll can be simpler for small business owners
The decision to make your first hire is a sign of growth and success; a watershed moment for any business. Unfortunately, for over one-third of Australian small business owners taking on staff also...
View ArticleHow to achieve a better work-life balance
When you run a business, you can become increasingly isolated from those around you, simply because you are so determined to make it work. Although you are working hard at your business, you will be...
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What is PPSR, and why should small business owners care about it?
Ever heard of PPSR and just had no idea what it was or why it was important? CreditorWatch understands, and has put together an easy explanation for Dynamic Business readers, as it’s something that all...
View ArticleRunning a home office? Here’s the tax advice you need to know
Written by Ashley Debenham, Etax.com.au Working from home can be a rewarding experience for anyone who wants to be their own boss, but with it comes a greater responsibility at tax time. It is crucial...
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The financial challenges small Aussie businesses are facing
Small business is the engine room of the Australian economy and with the numbers of small businesses growing rapidly, allied to the explosion in the ‘gig’ or ‘sharing’ economy, there are thousands of...
View ArticleReal-time budgeting is a must for every business. Here’s why.
By David De Laine, GM, ANZ, Oracle NetSuite Most businesses budget and plan for their next fiscal period at a set time every year – whether it’s at the start of the calendar year or in the lead up to...
View ArticleLoan and tax tips for the fresh financial year
By: Olly Guilleaume EOFY has come and gone. How’s your cash flow looking? The rush and pressure felt by many businesses at the end of the financial year have come and gone. Now that the smoke from EOFY...
View ArticleHappy new financial year! A small business guide to the tax changes
By Matthew Prouse, Head of Industry, Xero Australia New financial year, new obligations and opportunities… If you’re like most small business owners, you’re probably focused on closing out the 2018-19...
View ArticleWhy document management is critical for small business growth
Byline: Scott Crosby, CEO, Upstream The merit in going paperless for small and medium businesses (SMBs) is clear: digitally stored documents, information, and files save businesses time, money, and...
View ArticleThree ways politics impacts your business
You may not personally want to be involved in modern politics but if you want to run a business you have to be aware how the laws of the land can affect your bottom line. Tax laws, business treaties,...
View ArticleEOFY top tips for small businesses
For small businesses, the 2018/19 finish line is in sight. At midnight on 30 June, the financial year ends, the books are closed and businesses report their financial situation to the Australian Tax...
View ArticleAre you making any of these 7 mistakes when hiring payroll staff?
By Tracy Angwin, CEO and payroll expert at Australian Payroll Association Are you looking to hire new payroll people? Payroll staff are an integral part of any organisation, whether it be in a finance...
View ArticleHow to stay organised during tax time to optimise your returns
Australians are urged to get organised ahead of the end of financial year, including finding a great accountant, collating all necessary paperwork and knowing what you can deduct, in order to maximise...
View ArticleHow SMEs can turn tax time into an opportunity to grow
Many small business owners see the end of the financial year (EOFY) as a busy time during which they need to prepare tax returns for the business and group certificates for employees, as well as...
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How SMEs can avoid common financial pitfalls by managing cash flow
Setting up a small business can be an exciting yet daunting experience. By the time you actually launch your business you have likely experienced a lot of uncharted waters, sleepless nights, caffeine...
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